ANSA Merchant Bank Ltd yesterday reported profit after tax of $152.5 million for the nine months ended September 30, 2025, a 28.3 per cent increase compared to the same period in 2024.
This was reported in the company’s unaudited interim results quarter ended September 30, 2025.
Its banking segment provides retail and commercial banking, as well as private wealth management services in T&T and Barbados.
Those services are delivered by the recognisable brands of ANSA Merchant Bank Ltd, ANSA Bank Ltd, ANSA Merchant Bank (Barbados) Ltd and ANSA Wealth Management Ltd. This segment’s profit before tax for the nine months to September 2025 grew to $85.8 million, representing a 12.2 per cent increase over the same period last year.
“The banking segment’s net operating income increased by $21.0 million as we continue to drive volume growth in our banking and private wealth management businesses,” chairman Norman Sabga stated.
He further noted that the insurance segment again delivered very favourable results across all companies, which includes Tatil, Tatil Life, Colfire and Trident Insurance.
“All entities exhibited positive growth in their core operations in both revenue and profitability versus the same period of the prior year. The insurance segment delivered profit before tax for the nine months ended September 2025 of $129.4 million, a $40.4 million, or 45 per cent increase over the prior period. All portfolios have benefitted from improved returns from their overseas investment portfolios,” Sabga added.
He further stated that the ratings of its banking and insurance segments were both reaffirmed by their respective rating agencies.
In October 2025, CariCRIS reaffirmed the high credit worthiness ratings of CariAA and ttAA for the ANSA Merchant Bank Group and retaining the “stable” outlook on these ratings.
In September 2025, international rating agency AM Best reaffirmed TATIL’s “Financial Strength” and “Issuer Credit Rating” to A-Excellent.
The outlook for each rating was “stable.”
Sabga added the company remains committed to providing quality products and services to our customers, growing our market footprint and building a legacy of service excellence and sustainable product delivery.
